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Bank Mandiri Says Jhonlin Baratama Draws Rp 17 Trillion of Rp 40 Trillion Credit Facility
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Bank Mandiri Says Jhonlin Baratama Draws Rp 17 Trillion of Rp 40 Trillion Credit Facility
  • Bank Mandiri's October 26, 2026, response disclosed Rp 17 trillion drawn from a Rp 40 trillion credit facility for Jhonlin Baratama.
  • The facility finances capital expenditure and business funding needs in Jhonlin Group's coal operations and supporting businesses.
  • Repayment relies solely on coal-business operations and dividends; the bank assessed the borrower's capacity as sufficient to meet all obligations.
  • Collateral coverage remained at 150% using JARR and PGUN shares' lowest intraday prices over the past month.
  • The credit agreement requires additional collateral or loan reductions if collateral coverage requirements are not met.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PT Bank Mandiri (Persero) Tbk published the original content used to generate this news brief via Indonesia Stock Exchange (IDX) (Ref. ID: 32169195) on October 26, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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